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limbaugh. >> now, there are people that don't like it, even on the republican side because it has tax increases in it, some say tax increases on the rich. leaves some of obama's tax increases in it. heritage foundation has done deep analysis of this. one of their problems with the ryan budget is, and they do have problems with it, is that hefty tax increases of obama's are maintained. they're kept in it. they're not done away with. >> paul ryan's budget leaves in the increase in top income tax rate that president obama achieved in january, the conservative blog red state noted the ryan budget leaves in 1 trillion in tax revenue in president obama's health care reform bill, including taxes on tanning salons and high value health care plans, which provoked erick erickson to question whether house republicans should even vote for it. since paul ryan's budget keeps the obama care tax revenue stream, isn't voting for his budget a violation of the repeal pledge? and in an interview with cnbc, paul ryan could not continue to pretend his budget choices had any attachment to reality. >> in ter
of dollars of emergency crash and creditors impose onetime tax of 3% on all bank deposits under $130,000. >> going deep here. >> the tax could be closer to 10% on people who have over $640,000 in the bank. that's according to the "the wall street journal" this morning. people stood in long lines over the weekend to withdraw money before the policy went into effect and now russian president vladimir putin is calling the move, quote, unfair, unprofessional and dangerous. russian citizens make up the majority of billions of euros held in cypress bank. this is important. >> cypress. >> who cares about cyprus? >> come on, cyprus. are you telling me if somebody sneezes in cyprus we get a cold than on the nasdaq? >> tell us why. >> we have a cold on the nasdaq. the nasdaq is going down today. not too many people care about cyprus but a way the europeans have screwed up the bailout by getting the people to pay a part of the cost. you could have a run on the bank and europeans say why do i have my money in this bank? might be a tax on me next. it shows that europe is still a mess, that they h
to have this grand bargain. we go to war, we don't pay. we do big pharma, we don't pay. tax cuts, we don't figure what it's going to do to the economy, but you, you might have to pay for it. there is one senator prepared to filibuster to protect social security, medicare and medicaid. senator bernie sanders will join me in a moment, but president obama, he went to capitol hill today for a closed door meet wg the democrats. senate budget chairwoman patty murray, she revealed a plan with new revenue and spending cuts. nearly $1 trillion over the next ten years. president obama will meet with both parties on capitol hill. meanwhile, chairman paul ryan unveiled his budget plan and listen to how ryan describes republican priorities. >> the most important question isn't how we balance the budget, but why. a budget is a means to an end. an end is the well being of the american people. >> the most important question is how we balance the budget and making sure it's not on the backs of working americans. congressman ryan also made an unfortunate slip. >> this to us is something we're not going to
and expanding medicaid in garden state. virginia's bob mcdonald who raised taxes to pay for overdue transportation projects in his state. cpac officials make no apologies for not inviting christie or mcdonald saying they hope that next year they will deserve an invitation to cpac 2014. one other thing, bret. the night before last in my report on the federal employees delinquent in their taxes, i talked about an i.r.s. report saying one in ten treasury department officials were delinquent on the taxes. it's 1 in 100. apologies to treasury and i don't want the i.r.s. mad at me. >> bret: thank you. president obama met again today with the harshest critics. congressional republicans. this time, the president got together with g.o.p. senators. while the budget is the focus, a relatively small issue in dollars continues to loom large. correspondent shannon bream is at the white house. >> the administration fired back, criticism regarding the cancellation of white house tours. coming from a source not normally viewed as a critic. the editorial board of the "washington post." equated the de
bob corker of tennessee says he could envision raising tax revenue if democrats embrace big changes to medicare and social security. corker's position on sunday puts him at odds with other members of his party including house speaker john boehner who's ruling out the prospect of any new taxes. >> i think there by the way is a chance on a deal. i know the president is saying the right things and we have an opportunity over the next four to five months. i think republicans, if they saw true entitlement reform, would be glad to look at tax reform that generates additional revenues and that doesn't mean increasing rates, that means closing loopholes. it also means arranging our tax system so that we have economic growth. >> i don't know whether we can come to a big agreement. if we do, it will be between the two parties on capitol hill. the president got his tax hikes on january the 1st. the talk about raising revenue is over. it's time to deal with the spending problem. >> the speaker went on to say he agrees with president obama that the country does not face an immediate debt crisis.
from tax reform. it also sets aside $100 billion in stimulus spending on infrastructu infrastructure. how does it tack up to the budget proposed yet by paul ryan? here is a side-by-side comparison. the savings are more than double those in murray's plan. how has the numbers wizard able to find so much more extra fat to trim from the federal budget? he is cutting to the bone. more than $700 billion would be caved out of medicaid and nearly a try won would be chopped from programs including food stamps and pell grants. the defense would see zero in cuts in an enter view that aired this morning -- >> we're not going to balance the budget in ten years, because if you look at what paul ryan does to balance the budget, it means that you have to voucherize medicare, you have to slash deeply into programs like medicaid. >> but even those cuts alone don't make paul ryan's numbers add up. it only achieves balance through a full repeat of obama care, which it's worth noting is already law of the land upheld by supreme court and being enacted in 27 states. this gimmickry represents a stunning th
and half through tax hikes. senator corker, let me start with you will senate republicans accept a tax increase if you get serious entitlement reform and cuts? >> i think senate republicans and all republicans want to see a 75 year solution to entitlements and i think republicans are joined in wanting to see tax reform so to the extent that generates revenues and how that is scored obviously that will be debated as we move ahead but i think all of us understand the real issues driving the deficit is in our o country are the entitlements. we want to see these available for generations to come. >> chris: but real quickly you you understand the price for entitlement reform in any deal would be a tax increase. would you buy that and what do you think are the prospects there willle be a deal sometime before this summer? >> well, again, i think there by the way is a chance on a deal. i know the president is saying the right things and we have an opportunity over the next four to five months i think that we will know when the president is serious by virtue of a process that is set up where he
. they think if we just squeeze squeeze, squeeze, even as we lower taxes at the high end that will create prosperity. that's really a pipe dream. >> john: i'm confused. the president said he doesn't want to touch medicare at all but because of a divided government we might have to do things we don't like. >> no, he said if we want to get revenues they'll bring up topics like the entitlement issues that we will have to discuss. he was not backing away from my view a solid commitment to maintaining it. he said those of us who are supporters of medicare and social security have to focus on maintaining solvency and stability going forward. he said, this was music to our ears. he said social security was not part of the debt issue. it is a totally different issue. to the extent that we get involved. social security at all it has to be about that problem and it's solvent and committed to that 75 year window we've been committed to. as far as medicare, with what wave' done with the affordable care act we're in good shape for the next ten years. but after that even the cbo numbers show with the d
taxes. there are less taxes going into the government. it is because the government cannot balance our budget, cannot act responsibly, cannot work together. host: paul on the air twitter p the " t " huffington post," -- sing on the elderly in theirr of americans 50s at risk of hunter grew by 40%. according to "the huffington post," rising gas prices as low as rising electricity is only exacerbating the trend among some of america's elderly. mike is on the phone in chicago. our question is what is the government's role when it comes to hunker in america? caller: i am a long time listener and a first-time caller. this kind of stuck in there with me. the problem with government is waste.ot watching the you have a lot -- you have an onslaught of people using link texting on iphones. they are taking advantage of the system. if our government to find out who really need it and give it to them -- people who can work should work. host: thank you for the call. to not be a stranger. if you have access to the internet, "the washington post" has this story on their website. the focus is on one rho
and medicaid, give the wealthy yet another tax break, put most of the burden on the poor and middle class and repeal obama care. this budget is going nowhere. it will be dead on arrival in the senate. it is pure fiscal mastur va tion. yet paul ryan gets credit for being a serious thinker. i will tell you this if paul ryan is a serious thinker i am an astronaut. take a look at the budget. doesn't add up. tomorrow, congressman keith ellison and peter welch, oh, boy. can't wait for that. come back and join us right here tomorrow. >> this is "the bill press show." [ ♪ theme ♪ ] >> stephanie: happy wednesday everybody. jacki schechner, you know i have so few things in my life. look how happy i am about my new coffee mug. >> what does it say? >> stephanie: it is green in time for st. patrick's day. >> ooh. does that mean there's no pinch ug? >> stephanie: here now is colin farrell. >> messing about with mrs. all the rumors are true. >> i got about a third of that. then again if he looks like colin farrell, it doesn't matter. >> stephanie: all right. now here we are. we'
way, both by smart cuts, by closing all of those tax loopholes for high-income people. by the way, mitt romney and paul ryan talked about during the campaign -- those tax breaks are all still there. by eliminating those tax breaks, we can take a balanced approach to reducing the long-term deficit. which is an issue. but you shouldn't sacrifice economic growth now, on the altar of deep cuts and an austerity philosophy. >> i want to bring the panel in because you know, the congressman talks about making smart cuts now. what's in it for democrats to do any grand bargaining at all. any savings that would be applied in cutting the budget, would not be applied to their priorities. it's not as if you're going to reduce government spending on x and spend it more on the poor, spend it more on things democrats care b. why are democrats arguing for a budget at all? >> you and i don't agree on this, joanne. i think long-term, as congressman van holland says, you have to create a sustainable budget path. with the baby boomers, retirement and all sorts of other huge coming costs, we need to hav
with your 401(k)? well, over the weekend, european policymakers agreed to bail them out by imposing a tax on the savings accounts of people who live there. that's right. they're actually taking the bailout money directly from people's bank accounts. of course, that sent folks running to their atms to withdraw their money, sparking a panic. now there's concern the same thing will happen in other parts of europe. and even though wall street is hanging tough, could the cyprus crisis impact us down the line? tom foreman has a fancy show-and-tell to help break it all down for us. tom, thanks for joining us. i understand why cypriots are worried, but why should americans be? >> because this can rattle your wallet. >> really? >> look at this over here. i start with the rhetorical question. what do shreveport, louisiana, knoxville, tennessee, have in common? they have bigger economies than cyprus. it has over a million people. gdp of about 24 billion. but this place is in big trouble right now, because of the issue of debt. what they have is a massive debt. they're spending more than they have, s
are always trying to protect taxes or wealthy people? is that a problem out there with the rank-and-file voters? >> no, i mean -- i don't think so. i think that's obviously a misperception that's become a real perception by the public. but i think we have to talk about things in ways that people can relate to. i mean, if you're talking about taxes and taxing small businesses, you have to talk about the fact that if -- if -- if our small businessman has to pay more money to the government, then he's going to have less money to pay to his ememployers, and the ememployers will have less money to send kids to the school of their choice. i think it's a matter of talking about the debt differently. not just we are in imminent danger in a debt crisis in this country. but what does that mean to people? it means that our government is growing so fast and it's becoming so expensive that we're making payments to our credit cards that we can't afford, which means we have to keep -- we'll keep having this debate about needing more revenue to the government. well, that means less money in peo
out and share that conservative message of liberty and less government and lower taxes and individual responsibility. it is time we all stop preaching to the choir. let's grow. [applause] america already has one party that is expert at pitting groups against one another. we will never win a contest of identity politics. ee have to believe in america xceptionalism that no one is guaranteed success the everyone is guaranteed an equal opportunity at success. [applause] the greatest lie that the liberals tell is that government is the way to realize this. there is a reason that washington d.c. is an island of prosperity and it's a nation mired. the more it picks winners and losers, the more crony capitalists win, the more the rest of us lose. whether it is clean energy or free obama phones or prophylactics -- if he did not have a team of lobbyists in dc you are not at the table. you are on the menu. [applause] if mrs. thatcher with us here today she would remind as there is a big difference between being pro-business and being pro-free market. it is time for we, the people, to break out o
unwillingness to raise taxes get in the way, then we're not going to be able to set differences aside. >> so they are trying to act inflexible and it seems that the president has held on to his guns. >> right, and two of those statements, the two statements john boehner made, aren't exactly true, to be very xartable about it. the president does care about fiscal balance. he's put a deal on the table. he just doesn't think we need to get there as quickly as the republicans claim we get there. and in terms of unlocking our energy, we are closer to energy independence than we've ever been. they may want to drill in places the president doesn't. but we're making a lot of progress on energy. i think eric cantor's statement put his finger on it. the republicans in the house in particular, and we're going to see how republicans in the senate do, that the republicans in the house are simply not willing to raise another penny in taxes from well-off people as part of the effort to balance the budget. in fact, the ryan budget cuts the top income tax rate from 39.6% to 25% without explaining all the mid
't love racing taxes just for the sake of raising taxes. we do so in the service of creating a fairer tax code, funding investments for the future and in the service of a balanced approach to deficit reduction. if you take out the deficit reduction concerns and lord knows that any sort of inve investment spending right now is not going to pass muster with the house republicans, you're left with the fairness motive. a more just system would certainly be nice, does it offset the injustice of cutting benefits to folks who rely on social security? to scuttle a brand bargain deal, though, democrats need some sort of political cover. hmm. if only some republican would put out a really toxic, extreme, ideological plan that democrats could point to as continuing republican intransigence, they could walk away with not political consequence. you know, i think i know just the guy. all right. that does it for us here at "the cycle." martin bashir, all yours. >>> good afternoon, it's thursday march the 14th. who needs compromise on capitol hill when cpac is just a few miles up the road? >> was there a
but kept the tax benefits to balance the budget, which isn't balanced. gives tax cuts to people that make a million dollars a year, cuts medicaid benefits, privatizes medicare benefits. this is crazy. the problem with paul ryan is people don't believe him any more, simply don't believe him. he may be another sarah palin, his day has come and gone. it is hard to take him seriously if you're a policy person. you can't be a successful conservative or successful liberal, the numbers have to work, you have to be taken seriously, you have to be truthful. that budget was a propaganda document, not a serious budget. i was very surprised at that. >> steve, what did you make of that, insofar as the ryan budget, over 40% of savings are based on repealing the president's health care law which is law of the land, being enacted in over 25 states. is he a serious political figure, a serious policy figure in republican circles? >> he is a serious political figure and a serious policy figure in the republican party, but the governor's criticism about the budget is spot on. its formulations are not based i
on this sort of moderate budget course he's trying to strike, which is part tax increases and part this alleged spending cuts, nobody is really for that and too vague and also used the word gut g-u-t when it refers to medicare i think is the beginning of the 2014 mid term elections, where the democrats are going to come after the republicans and paul ryan on gutting or slashing, their words, medicare. and i think that that action, you see it in the-- the democratic congressional campaign committee twitter feed is really where the democrats are headed. >> jon: when the president says a balanced budget is not his goal, is that his words? >> i think most reporters are used to hearing this and bush must have said it at every state of the union and and it's sort of boiler plate when people promise it. i think expecting the president to say he wants a balanced budget is putting it in the republican paradigm. most liberals don't think it's the short-term goal. the goal is to avoid austerity and keep the economy moving and in the long run balance the budget, but it's not a short-term goal. >> jon: what
the private sector. that is the only way the government gets money. >> taxes are going up to pay the interest costs in all . debt. >> buyer's remorse over all . treasury. you have to say these are the smartest guys in the room. if they are not liking the balance sheets and what they are doing. and that is a -- your deal is not with numbers. >> the ryan numbers don't add up. >> you think the numbers add up >> we have seen them. we saw how it is it spent. i am not talking about pie in the sky. he increased the size of the government 20 percent. is it working? >> you would agree we would see the deficit come down. >> you think it is it a good size. >> it is not a good size but it is getting better. we are focusing on the ryan budget. i have to hammer say what you will about paul ryan. he's supposed to be a leader in this area and the budget so disingenious. >> wait a minute. wait a minute. paul ryan has been a leader since the 80ings . the president said my goal is not to balance for balance sake. how do you get a fiscal responsibility into government with a president like that? >> john, hold on
butts to pay taxes, they're not, federal workers, congressional staffers and white house employees should pay their bills. >> they absolutely should pay their bills. >> should. >> what do you think, jonathan? >> yes, this is animal farm once again. the animals are equal except a few of those in washington d.c. a little more equal than the rest. >> wayne, what's your pick for the week? >> before that, you've got remember something, with timothy geithner who is the secretary of the treasury, he didn't pay his taxes, you remember, he got caught on that, it's outrageous and my pick, i'm not committing a lot of money-- new money to this market. i've got old money there, but i like, if you want to take a gamble, shfl a gaming stock. >> and john, yours for the week? >> a bunch of municipal band funds hit 52 week lows, i think a canary in the coal mine for higher interest rates. i think 2001, 2002, and higher rates, sag up with interest rates and hold it in my fund. >> we'll keep an eye on that. thank you, gang and remember, we're here to keep an eye on your cash and your taxes because the
of social security tax are all slowing our progress to where we should be. >> michael: of course these companies would be hiring accountants now because they're making so much damn money because they're not paying enough wages to their workers. that's part and parcel of how it works. >> yes remember a fundamental tenant of the chicago school and i went to the chicago school is to get rid of unions, that means driving down wages. i just reported in my column in tax analysts, tax notes, if you take the average increase of income for the bottom 90% of americans from 1966 when lbj was president to 2011, it's $59. you measure that as one inch. the top ten percent line is 163 feet and the top 1% of the top percent. the mitt romney-bill gates crowd, five miles to one inch. >> michael: that's amazing. that's amazing. tell me, is this how things start? is there a reason to be optimistic? >> yes well, look, we got into this terrible situation because of three things. we had a president who said tax cuts will make everybody's income grow up. i have written and challenged the data, no, incom
's an identity thief who used this device to grab his wi-fi signal, steal his identity, file taxes and get his return. now she's got his money, and he's got a problem. >> looking forward to your tax refund? so are identity thieves, and they can steal your identity without you knowing it in order to get your refund. it happens to thousands of people every year. you have to be proactive when it comes to identity theft, especially during tax season. >> announcer: every year, millions of americans learn all it may take to devastate your life is a little personal information in the wrong hands. your identity needs protection, and no one does it better than lifelock. >> identity thieves steal from everyone. you have to protect yourself. i protect myself with lifelock. >> announcer: lifelock offers the most comprehensive identity theft protection, period. and lifelock ultimate was named "best in detection". lifelock's 24/7 proactive protection alerts you as soon as they detect an attack within their network, before it's too late. lifelock protects your social security number, money, credit, even the
. what's your plan? ishares. low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. michigan's governor is not waiting any longer for a plan from the city government in a very dramatic move today he named the washington attorney kevin orosz to take over the city as emergency manager. the republican governor rick schneider is joining us with kevyn orr. thanks very much for joining us. >> great to be with you. >> thanks for inviting us. >> mr. orr, let me start with you. what are you going to do? you have about 18 months to try to get detroit's finances in order. >> wolf, the first thing is make an assessment if i can of enhancing city services to the citizens of detroit. i'm going to sit down with consultants and restructuring team that the governor has in place to try to prioritize what we need to do next based upo
revenue mostly due to closing the tax loopholes on the rich. adds $100 billion in stimulus spending. compensates for the $85 billion loss of a sequester and fights unemployment and cuts $975 billion in spending. for more, let's go to our old friend, florida democratic congressman, your friend and ours alan grayson, good evening, congressman. thankthankthank you for joining us. >> thank you. >> john: paul ryan wants to cut while repairing the social safety nets. wouldn't cuts of that size pretty much slash the safety net? >> absolutely. look, let's start with the affordable care act. he wants to eliminate the affordable care act, repeal it but he wants to count all of the billion dollars in affordable care act down to -- in order to say that he's paying down the deficit. let's talk about medicare. in order to save that program he's going to destroy it. he's going to eliminate every single guaranteed benefit under medicare, replace that with a check that everybody knows will not be enough to get the same benefits. >> john: exactly. >> in one case after another you look at his principl
's a serious blow to your budget -- like getting hit with a new tax coming right out of your pocket. over the past four years, as part of our all-of-the-above energy strategy, we've taken steps to soften that blow by making sure our cars use less gas. we've put in place the toughest fuel economy standards in our history so that by the middle of the next decade, our cars will go twice as far on a gallon of gas. over the life of a new car, the average family will save more than $8,000 at the pump. but the only way we're going to break this cycle of spiking gas prices for good is to shift our cars and trucks off of oil for good. that's why, in my state of the union address, i called on congress to set up an energy security trust to fund research into new technologies that will help us reach that goal. here's how it would work. much of our energy is drawn from lands and waters that we, the public, own together. so i'm proposing that we take some of our oil and gas revenues from public lands and put it towards research that will benefit the public, so that we can support american ingenuity wit
for virginia, which required them to raise taxes i think on the gas tax or somehow to pay for these highway improvements and god knows northern virginia particularly needs them. no, because he did that and made a deal with the federal government, the department of transportation, he was not invited to cpac. but all of the rest of the crazies were. and it turned out, there was a big split yesterday in the message. -- the messages given to cpac. first of all rand paul scale in hot off of his drone filibuster and said the party needs a shakes-up and a new cleansing. >> the got of old has grown stale and moss-covered. i don't think we need to name any names. do we? >> you know who he is referring to. >> our party is inc. covered by an incounsistent approach to freedom. the new g.o.p. will need to embrace liberty in the comic and the personal sphere. >> which is sort of saying all much those emphasis on the social issues? right? liberty on the personal spear means get the government out of my bedroom. this is the libertarian speaking. when he says, i don't need
taxes, do they believe that the democrats will just cave with no compromise? >> alex, you may know i was one of the few republicans who was saying that we a bit more revenue, but also through tax reform. i made that case all the way up to the fall. and when begot up to the fiscal cliff, i was hoping that the agreement would incorporate spending reductions as well. it was $73 billion of increased taxes. so i voted no for it. i'm really asking me democratic colleagues to help us address spending, our budget goes up by about 3.45%. both of them go up, it's just that the democrats are going up really far higher. >> but representative ridgeal, are there others who are like minded like you in the party? how many? >> but there are some, but i do want to make the point who are that it truly is spending that's driving this train and i was very disappointed in our president when after the election, he put it this way, he said we need to begin to take a look at how we reform titlements. this was after he had been in the office for four years and i had an opportunity to speak with the president
forward with a plan that gives the biggest tax rate in the world to the richest. paying for it with huge slashes in programs for middle class working people and the poor. call it ryan shrugged. it kills the president's health care plan outright in its crib. dumps medicare for a cheapskate voucher scheme. and offloads medicaid on to the states and steals from the ordinary people, that old 47%, and gives a bundle to the elite at the top. why is ryan doing this? you just have to ask, why after getting beaten and rejected in the presidential election last november is the vice presidential candidate coming out here trying to etch-a-sketch the whole thing, pretend the election never happened? tell me, where's ryan express, taking the republican party further off the cliff? if he's giving up -- what's he doing? giving us a souvenir roadmap of where they all went wrong? in a moment we'll be joined by congresswoman debbie wasserman-schultz. with us now, "washington post's" ezra klein and msnbc political analyst. thank you, ezra. i want to get to the basics. the boxcar information here. why in the
in the unlikely, deep blue state of washington. talkingt door-to-door, about taxes and other items, and they flip them to a fiscally responsible majority, is. -- and they flipped them. the torch of liberty, the constitution in our country, will they perish or last? if we stand and speak for our principles, if we show americans our vision for the future, if we fight for freedom, our country will last. [applause] glasses with a powerful elite? the face ofnk in opposition? or will you stand boldly on principle? patriots, stand with us and fight for freedom, fight for our constitution, fight with us for the rights endowed by our creator, life, liberty, and the pursuit of happiness, fight for a better future, like ronald reagan did, like. paul, michele bachmann, scott walker. tea party patriots around this country do it every day. when you stand and fight, we will stand with you. when they fight on capitol hill, together, we will have their back. we will stand and fight for those who fight for us. fight for freedom. fight for a better future. fight. thank you so much. god bless you. god bless america.
to panic about a possible tax, they try to withdraw their funds you could see big problems for european banks. >> maybe this might help in a small way. talk about a billion-dollar business and that's college ball. >> that's exactly right. total ad revenue for the tournament surpassing $1 billion in 2012. making it larger than any other professional post-season championship. . that's according to cantor media. costing $1.4 million this year. spam posting a video with sir camelot screaming that he can't get over the madness of march. i'm not sure what to say. >> i'm going to put my money down on cal. jackie deangelis, thank you. >>> consumers are generally satisfied with their shopping experiences. here are the retailers with the worst customer service according to the american consumer satisfaction index. number five, sears. cvs. safeway. number two, netflix, and walmart, the lowest rated store in the subject since 2007. ♪ no two people have the same financial goals. pnc works with you to understand yours and help plan for your retirement. visit a branch or call now for your personal r
and start reporting new revenue, not higher taxes but closing those tax loopholes to raise new revenue, but john boehner once again says don't talk to me about raising taxes. all nothing funner than watching republicans eat each other alive. >> the troops love me. (vo) tv and radio talk show host stephanie miller rounds out current's morning news block. >> you're welcome current tv audience for the visual candy. just be grateful current tv does not come in smellivision. the sweatshirt is nice and all but i could use a golden lasso. (vo) only on current tv. >> if you believe in state's rights but still support the drug war you must be high. >> "viewpoint" digs deep into the issues of the day. >> do you think that there is any chance we'll see this president even say the words "carbon tax"? >> with an open mind... >> has the time finally come for real immigration reform? >> ...and a distinctly satirical point of view. >> but you mentioned "great leadership" so i want to talk about donald rumsfeld. >> (laughter). >> watch the show. >> only on current tv. you know who is coming on to
years. while cutting taxes every year. i have dedicated much of my adult life to revolutionize our schools so that school serves children and parents. you must know this, all of our successes at the state level, and all of the work being done in the private sector can be undone if we continue to lose presidential elections. we will forfeit our ability to chart a better future for our republic. this would be tragic in every sense of the world. as you know, sam is the former ceo of ibm. probably the best ceo in america in the last decade. sam is also a fantastic human being. he's easy to talk to, but he is also a visionary and a true leader. he told me an amazing story. withs deeply involved assembling the team that created watson, a supercomputer that can understand natural language with all the ambiguities associated with human speech. watson can read through more than 200 pages of text to find an answer in less than three seconds. what you do when you have this kind of amazing capability at your fingertips? do you know what watson is doing today? it is saving lives. it is being us
tax year 2009. the agency says more than 984,000 americans have yet to file their 2009 returns. the irs says if you want to get any money back from returns in 2009 now is the time to do those taxes. 2009 tax returns must be submitted by april 15th of this year too get your refund. otherwise the money is handed over to the u.s. treasury. >>> all right, ticketed for tailgating. what a recently cited sheriff is now saying about his citation. >>> plus, the grand princess has finally left san francisco on its maiden voyage. how the cruise ship is expected to help the city over the next year? >>> plus a car-wash for a cause. the fundraiser to help the family i of a young woman found dead on caltrain tracks. >>> we have more developing news coming into the ktvu channel 2 news newsroom and it comes to us from the sierras, where a search is underway right now at a popular ski resort for a missing bay area man. 45-year-old david hanholt of los gatos is reported missing by frens friends at squaw valley of the placer county sheriff is now involved in the search. a crusship that makes san f
-term spending that we need to deal with. but he's going to hold hostage the fact that he wants to raise taxes on the american people. >> again, if the president wants to let our unwillingness to raise taxes get in the way, then we're not going to be able to set differences aside and focus on what we agree on. >> so with -- obama himself down played the outreach during remarks last night to his policy armoring for ak action. >> the press in washington has been reporting about obama's charm offensive. all i've been doing is calling up folks and trying to see if we can breakthrough some of the gobbledygook of our politics here. >> joining me this morning is tennessee republican congresswoman diane black who is scheduled to speak tomorrow at cpac and she attended yesterday's meeting president obama. it's great to have you here. i want to start out talking about speaker boehner. he has an op-ed out today in the "washington post" saying that for all of washington's focus on the president's outreach to republicans, its his engagement to members of his own party determines if we succeed. this was sai
down. even though he pay taxes in the city he was not allowed to get a card. there were two cases going on at the same time. wilson andase for the court case for these five young men. there is no reason to send these young men to jail to serve any time for what they did. it has been said he asked for a continuance for the court case. essentially the charges against the men were dropped. "washington journal, continues. you may have seen one of the speakers at cpac sessions, senator rand paul. on thursday he said the gop has "grown moss covered." gop of all has grown stale and moss covered. think wehe -- i don't need to name any names. our party is encumbered by an inconsistent approach to freedom. the new gop would need to embrace liberty in both the economic and personal sphere. [applause] have are going to republican party that can win it needs to be the backbone of the gop. host: sees the american conservative union chairman. thank you for joining us. what do you think about the thoughts of old versus new? the theme of our conference is america's future, the next generation of conserv
because of the near 40% federal tax rate and the 15% state tax rate and doesn't include, state taxes, payroll taxes, extremely high. >> clayton: gas prices are through the roof there. >> alisyn: on and on. >> tucker: i don't think he should complain, he's one of the reasons why. as a native california, i blame bill maher. that's my home state, i think he should be quiet and pay the taxes. >> alisyn: maybe a change of heart. >> tucker: maybe, but i think he should pay the results of his consequences. doesn't run away at that jackson hole, bill maher. >> clayton: perhaps headed to cpac, i don't know if that's going to happen. a straw poll squeaker yesterday in cpac, two raising republican stars neck and neck. only one could come out on top. elizabeth prann. >> reporter: and wrapping up the three day stint, leaving rand paul feeling charmed after he won the straw poll. after the filibuster on the floor. and coming in second, florida senator marco rubio, about 23% of the vote. rick santorum 8% of the vote and followed by governor chris christie who wasn'tnvited. there was serious discus
have bank accounts would be taxed one time on their deposits. so if someone has an account with $129,000 or less, they would have to fork over almost $9,000. that's a 6.7% tax. people who live there as you can imagine, they're really nervous about this tax. over the weekend, many rushed to withdraw their money out of the bank. this is what's unnerving the markets right now. about 15 minutes before the opening bell. >> al wlis siclisoison kosik li york stock exchange. >>> the heat tied a leg record for the second most con secreta consecutive wins. they will try to extend the streak in boston tonight when the celtics have their own run going, 11 straight home wins. >>> another miami basketball team is also on a roll, though. the university of miami hurricanes beat north carolina to become atlantic coast conference champs and advance to the ncaa tournament. 67 other teamses are in the big dance which tips off tomorrow. that means it's time to fill out those brackets. carlos diaz is checking a huge one here in the cnn center. wow, carlos. ♪ ♪ indiana, indiana, we're all for you, we w
? through massive tax hikes or more likely massive government cuts. if we have an unsustainable government now and get to the point where interest payments are pushing it, we're constitutionally obligated to f pay for the debt every year. when we get to a point where the spending now -- we're on a pace of spending where we're going to have to have dramatic cuts, where is it going to hurt? my district. northern virginia. we're going to have to fire government workers that work in vital sectors of the economy. >> here's a question i'd like to put to both of you. starting with you, ron. hasn't the experiment of austerity been tried in europe already? let's just go to the austerity. at the moment the imf says the european economy will contract over the next year by 1.2%. the same organization says the american economy will grow by 2%. not massive. in the eurozone, the recession is going to last for another 18 months. unemployment in spain, 26%. unemployment in italy, 37% for youth. britain is in a triple recession. britain's pound is at its lowest rate in three years. those nations, that whole
donnell, who is raising taxes to pay for a transportation plan in his state. all of which leaves conservatives facing a key question: how to unify behind a central message that moves the republican party forward? veteran republican pollster whit ayres says it will take more than tinkering. >> it is delusional to think that we had the right message and we just haven't communicated it effectively. you don't lose five of the last six presidential elections in the popular vote if you have got the right message. so we need new message, new messengers and a new tone. >> reporter: francesca chambers is editor of the conservative blog "red alert politics." she says the effort must involve more outreach to young people and minorities, but she acknowledges that will take time. >> that is not necessarily going to happen in three months time. i think that it's unfair to say, "oh, the election was in november and we don't see big changes, sweeping changes happening yet." i think that everyone needs some time to make these things happen and we have got four years to make that happen. >> reporter: in the mea
taxes, our federal workers are not. there is $4 billion outstanding between federal workers, congressional staffers and white house employees. they should pay their bill. >> actually they should pay their bill. don't you think, jonathan? >> yes. this is animal farm once g. all the animals are equal exempt a few of those in washington, d.c. are more equal than all the rest. >> wayne, what's your pick for the week? >> before that, just so you got to remember something, there was timothy geithner who was the secretary of the treasury. he didn't pay his tax. he got caught on that. it's outrageous. my pick is, i'm not committing a lot of money to new -- new money to this market. i've got old money. i like it, look at shfl, a gaming stock. >> jonathan, yours? >> i saw a bunch of municipal bond funds hit 52-week lows this week. that's a canary in the coal mines for higher interest rates. this is 2001, 2002, but for higher rates, sag those up with interest rates, i hold it and i think it's good buy. >> thank you. gang. and remember, we're here to keep an eye on your cash and your ta
talking, actually pushing big tax cuts for the rich and cuts in medicare and medicaid that affect the middle class and poor. what a strange thing it is to hear reince priebus talking about building bridges when he was the one with his hands on the detonator? former pennsylvania governor ed rendell is with us as well as managing editor of the grio joy reid. i'm just wondering, why would a political party believe a new fr strategy would cover up for its policies? >> it makes no sense at all. first of all, their policies are bankrupt. they're the exact same, and they haven't changed their policies a bit, chris. you see republican state legislators pushing antiabortion bills that are clearly unconstitutional, clearly punitive to women. no exceptions for incept and rape. things that voters rejected the last time dramatically. they don't get it about income inequality in this country. they're still pushing for budgets that give huge tax breaks to the rich and stick it to poor people. people who are vulnerable. they haven't changed their policies a bit. no packaging, no marketing, can ch
escalation. number two, stocks closed lower on news of a plan plan to tax the bank account of the tiny nation of cyprus to help bail out the country infantry from financial crisis. number one, cops found a student dead with pistol and assault rifle and homemade explosives in his dorm at the university of florida in south orlando. that's "the fox report's" top five. on this day in 1963, the u.s. supreme court issued a land mark ruling that states have to provide a lawyer to a criminal defendant who can't afford one. it began with the 1961 arrest in florida of clarence earle gideon for breaking into a pool hall and stealing money from vending machines. he couldn't afford a trial attorney. that could hope happen in death penalty cases and wound up sentencing gideon five years in prison. he appealed claiming the conviction violated his constitutional rights. the supreme court upheld the claim and in a re-trial with a defense lawyer, gideon walked free thanks to historic decision 50 years ago today. and now you know the news for this monday, march the 18th, 2013. i'm shepard smith. i will see you
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